Classification of Terms

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Classification of different provisions in contracts
louiseebarlow
Mind Map by louiseebarlow, updated more than 1 year ago
louiseebarlow
Created by louiseebarlow about 11 years ago
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Classification of Terms
  1. CONDITIONS
    1. terms that go to the root of the contract
      1. innocent party may repudiate and claim damages
        1. Poussard v Spiers & Pond
      2. WARRANTIES
        1. less important terms
          1. innocent party may claim for damages only and contract must continue
          2. INNOMINATE TERMS
            1. cannot be classified at time of formation of contract
              1. effect of breach depends on how serious effects of breach are
                1. Hong Kong Fir Shipping v Kawaksaki
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